A confused and perplexed market ?12 Oct 2020 18:30
Blackrock for one, "Gold is a hedge against low interest rates, not market risk" Kitco news.
Goldman Sachs "Dump the dollar".
Blackrock, splitting hairs it seems. When changes can quickly reverse. A little like Donald, who now is desperately courting Mary Pelosi again for more fiscal aid, before the election, smells of desperation setting in.
Goldman Sachs , actually advising dumping the dollar , very much a stab in the back for the dollar as reserve currency. I wonder what devious plan they have come up with, are they buying Roubles and Yuan, as well as PM s ?